New YorkStatutory installment-bond provisions would remain in force through 2029
The measure states that statutory installment-bond provisions remain in force through September 30, 2029, and takes effect immediately.
What it does
Statutory installment-bond provisions would stay in force through September 30, 2029, and the measure would take effect immediately.
Argument forKeeping the rules available may give local governments and bond users more time to rely on installment-bond financing.
Argument againstA later expiration date may keep temporary financing rules in place longer than some policymakers would prefer.
More detail
The measure keeps the statutory installment-bond provisions in force until September 30, 2029. This applies to the provisions in the 2005 law concerning statutory installment bonds, as amended in 2023. The provisions expire and are treated as repealed when the stated end date arrives. The measure takes effect immediately and remains in force through September 30, 2029.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Aug 28SIGNED CHAP.271Became Law
- Aug 21DELIVERED TO GOVERNORTo Governor
- Jun 4RETURNED TO ASSEMBLY
- Vote recorded Floor Vote. Result: pass.Upper
- Jun 4PASSED SENATEPassed 2nd Chamber
- Jun 43RD READING CAL.1423
- Jun 4SUBSTITUTED FOR S9900
- Apr 28REFERRED TO LOCAL GOVERNMENTMinor
- Vote recorded Assembly Vote. Result: pass.Lower
- Apr 28DELIVERED TO SENATE
- Apr 28PASSED ASSEMBLYPassed 1st Chamber
- Apr 23ADVANCED TO THIRD READING CAL.382
- Apr 21REPORTED
- Mar 10REPORTED REFERRED TO WAYS AND MEANSMinor
- Mar 4REFERRED TO LOCAL GOVERNMENTSIntroduced
Taxes & BudgetAI & Privacy